U.S. economy reclaims post as global growth engine
On Monday's Breakfast with Benjamin, the U.S. economy reclaims the post of global growth engine, though the Federal Reserve remains all quiet on the rate hike front. Plus: How to invest when a rosy jobs report hurts stocks, Goldman picks a list of losers, and millennials go home for financial advice.
- The latest data show the U.S. economy can once again be described as the global growth engine. No word on how long it might take the Federal Reserve to recognize such data as significant enough to trigger an interest rate hike. The U.S. economy is expanding at its fastest pace since 2005
- How a rosy jobs report pulled the stock market downward, and where to invest now. Tapping into positive correlation to the VIX
- Look out below. Goldman highlights 18 stocks with a lot of downside potential. Diamond Offshore Drilling (DO) has a 40% downside target price. Yikes.
- When it comes to financial advice, millennials turn most often to mom and dad. Beyond family, millennials are fairly cautious
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